✔ China Life Insurance (Group) Company (LFC) is one of Mainland China's biggest state-possessed protection and money related administrations organizations, and additionally a key player in the Chinese capital business sector as an institutional speculator. The starting point of the organization about-faces to 1949 when the People's Insurance Company of China (PICC) was framed. Its branch PICC (Life) Co. Ltd was made in the wake of going separate ways with PICC in 1996.
PICC (Life) Co. Ltd was renamed as China Life Insurance Company in 1999. The China Life Insurance Company was rebuilt in 2003 as China Life Insurance (Group) Company, which has seven auxiliaries. The organizations are spread crosswise over disaster protection, benefits arranges, resource administration, property and loss, speculation possessions and abroad operations.
The organization is recorded on the New York Stock Exchange, the Hong Kong Stock Exchange and the Shanghai Stock Exchange, and is the greatest open life coverage organization as far as business sector capitalization on the planet.
Website:https://www.chinalife.com.cn
Stock price: 601628 (SHA) CN¥20.65 +0.08 (+0.39%)
Founded: 2003
Total assets: 362.1 billion USD (2015)
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